The RBI has expended around $80 billion -- about 15 per cent of reserves -- moderating the rupee fall and that was the apt policy choice then.
New Delhi: As the rupee keeps falling to new lows, a top government official on Wednesday said it was a temporary phenomenon and the long-term path for rupee-dollar exchange rate was “quite stable”. He also said the government will soon come out with the list of non-essential imports, which the government had earlier announced would […]
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